Businesses in Texas and across the U.S. continue to spend more and more money on legal fees to fight high-stakes litigation and to deal with a growing number of regulatory enforcement actions from state, local and federal government agencies, according to a new survey scheduled to be released Tuesday.
Norton Rose Fulbright’s 10th Annual Litigation Trends Survey found that 71 percent of corporations spent $1 million or more on litigation costs in 2013 – up from 53 percent the two previous years. More than 26 percent of companies saw their litigation costs exceed $10 million last year – an increase from 11 percent in 2011.
Also, Marsha Gerber and Richard Smith take an indepth look into survey results about an increasingly active regulatory environment, and William Wood discusses why energy companies are concerned about the jump in investigations and regulatory matters.
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Jones Day Partner Elected EBA President
© 2014 The Texas Lawbook. By Brooks Igo Staff Writer for The Texas Lawbook (April 15) – Jones Day Houston partner Jason Leif has been elected president of the Energy
Three Greenberg Traurig Attorneys Named Fellows
© 2014 The Texas Lawbook. By Brooks Igo Staff Writer for The Texas Lawbook (April 15) – Greenberg Traurig attorneys Jordan Cowman, Pamela Ferguson and Kendyl Hanks have been elected
Norton Rose Fulbright’s Litigation Trends Survey Reveals an Increasingly Active Regulatory Environment
Regulatory/investigations are near the top of the list of litigation concerns for senior in-house counsel, and more time is being spent on government or regulatory investigations in company legal departments.
Winstead’s James Ruiz Named to Board of Directors
© 2014 The Texas Lawbook. By Brooks Igo Staff Writer for The Texas Lawbook (April 15) – Winstead named Austin shareholder James Ruiz to its board of directors, the firm
Gardere Names Five New Partners
© 2014 The Texas Lawbook. By Brooks Igo Staff Writer for The Texas Lawbook (April 15) – Gardere announced its new partner class for 2014 earlier this month, which included
Dallas Court Rejects Developer Billingsley’s Carrollton Airport Efforts
The Dallas Court of Appeals, in a case that exposes the influence of big money on local politics, has rejected a complex legal effort by real estate developer Henry Billingsley to shut down a residential air park community in Collin County so that he could turn the airport and its land into a shopping and office center.
Andrews Kurth Wins MLB Jackie Robinson Award
The Houston-based firm is the first organization that is not minority- or women-owned to win the award.
Alan Albright Jumps to Sutherland
The IP expert is the fourth lawyer to join the firm’s Austin office during the past year.
Jackson Walker Shines in Otherwise Dismal Women Partner Promotions Trends
Statistics show that a small cadre of law firms have experienced extraordinary success promoting women to partner, while a large majority of Texas firms continue to lag way behind, according to an analysis conducted by The Texas Lawbook of 40 of the state’s largest and most prominent law firms.
Eighteen of the law firms in the study elected zero or one woman into the partnership from 2012 to 2014. By contrast, a small handful of law firms promoted as many or more women to partner as they have men during the same three-year period.
But no law firm in the state has a better record in recent years of promoting women to partner in Texas than Jackson Walker. The Dallas-based firm elevated nearly double the number of any other law firm during the time period.